Mongoose: Anglo-Saxon Bankers Organized WWII for Profit

To mark the 70th anniversary of the victory against Nazism, we publish a study of Valentin Katasonov on the financing of the NSDAP and rearmament of the Third Reich. The author draws on material published in 2012 that confirm the organization of the Second World War by states-uniens and British bankers, covered by President Franklin Roosevelt and Prime Minister Neville Chamberlain, hoping to destroy the USSR. This study raises new questions that will be addressed in a future article.

The war was not triggered by a rabid Führer who was to lead Germany at that time. The Second World War is the work of a global oligarchy, or more specifically Anglo-American plutocrats.

Using instruments such as the US Federal Reserve and the Bank of England, they began to prepare for the next global scale conflict immediately after the First World War. Their target was the USSR.

Dawes and Young plans, the creation of the Bank for International Settlements (BIS), the suspension of the payment of reparations by Germany under the Treaty of Versailles and the acquiescence of former allies of Russia in this decision, investments massive foreign in the economy of the Third Reich, the militarization of the German economy and violations of the Versailles Treaty are milestones on the path to war.

Behind this plot stood key characters: the Rockefellers, the Morgans, Lord Montagu Norman (governor of the Bank of England) and Hjalmar Schacht (President of the Reichsbank and Minister of Economy of the government of Hitler). The strategic program of Rockefeller and Morgan was to subjugate Europe economically, saturating Germany investment and foreign credits, and bring him to deliver a mortal blow to the Soviet Russia, so that the latter returns capitalism as a colony.Montagu Norman (1871-1950) played an important intermediary role in dialogue between the financial community and the heads of German companies. Hjalmar Schacht organized the reconstruction of the defense sector of the German economy. The operation by the plutocrats was concealed by politicians such as Franklin Roosevelt, Neville Chamberlain and Winston Churchill. In Germany, these projects were executed by Hitler and Hjalmar Schacht. According to some historians, Hjalmar Schacht played a more important role than Hitler. Only he remained in the shadows.

After WWI, the Dawes Plan was to compromising the Triple Entente and collect war reparations from Germany. The Dawes Plan (proposed by the Dawes Committee, chaired by Charles G. Dawes) designated in 1924 an attempt to solve the problem of repairs, which had undermined international politics after World War I and the Treaty of Versailles (France, reluctant, received over 50% of the amount of compensation). Between 1924 and 1929, Germany received $ 2.5 billion from the United States and 1.5 billion in Great Britain under the Dawes Plan. These are considerable sums, corresponding to 1 trillion (thousand billion) dollars today. Hjalmar Schacht played an active role in the implementation of the Dawes Plan. In 1929, he summarized the results by saying that in 5 years, Germany had received more foreign loans than the United States over the 40 years preceding the First World War. Consequently, in 1929, Germany had become the second world industrial power, ahead of Great Britain.

In the 1930s, Germany has continued to benefit from investments and loans. Written in 1929 and officially adopted in 1930, the Dawes Plan referred to a program to settle German war debts at the end of the First World War. It was presented by the committee chaired (1929-1930) by the American industrialist Owen D. Young, founder and former first president of Radio Corporation of America (RCA). At the time, Young was also on the board of the Rockefeller Foundation, and it had also been one of the representatives involved in redevelopment device of war reparations, the Dawes Plan of 1924. According to the plan, the Bank for International Settlements (BIS) was created in 1930 to allow Germany to pay reparations to the victors. In reality, the money took another direction, that it left the United States and Britain to arrive in Germany. The capital of the majority of German companies of strategic importance was fully or partially, American. A portion was owned by British investors. The sectors of petroleum refining and liquefaction of coal in the German economy was in the hands of Standard Oil (Rockefeller). The giant chemical industry Farbenindustrie AG came under the control of the Morgan group. Forty percent of the telephone network and 30% Focke Wulf actions were under the control of the US company ITT. Radio and electrical industry giants AEG, Siemens and Osram are passed under the control of American General Electric. ITT and General Electric were part of the empire of Morgan. One hundred percent of Volkswagen shares were owned by American Ford. By the time Hitler came to power, the US financial capital controlled almost all sectors of strategic importance to German industry: oil refining, synthetic fuel production, chemicals, automotive, aviation, electrical engineering, radio, and a large part of the mechanical engineering industry (278 companies in total). The big German banks such as Deutsche Bank, Dresdner Bank, Donat Bank and others, were under US control.

On 30 January 1933, Hitler became chancellor of Germany. Previously, his application had been examined under the microscope by American bankers. Hjalmar Schacht traveled to the United States in the fall of 1930 to discuss the nomination with US colleagues. The appointment of Hitler was finally approved at a secret meeting of the US financial. Schacht spent the whole year 1932 to convince the German bankers that Hitler was the best candidate. It reached its goal. In mid-November 1932, 17 of the biggest bankers and German industrialists have sent a letter to President Hindenburg, in which they demanded he named Hitler chancellor. The last working meeting of German financiers before the election was held January 4, 1933 in Cologne, the home of the banker Kurt von Schröder. Then the National Socialist Party came to power. The financial and economic relations between Germany and the Anglo-Saxons were then tightened a notch.

Hitler immediately announced that he was refusing to pay war reparations. He questioned the ability of England and France to repay their own debts of World War II in the United States. Washington had no objection to the announcement of Hitler. In May 1933, Schacht went again to the United States. He met President Franklin Roosevelt and big bankers to request a credit line of $ 1 billion. In June of the same year, Hjalmar Schacht went to London for talks with Montagu Norman. Everything went like a letter mailed. The British made a loan of $ 2 billion. They raised no objection to the decision by Germany to suspend repayments of its debt.

According to some historians, the Americans and the British were accommodating because, in 1932, the Soviet Union had achieved the five-year economic development plan to achieve new heights as an industrial power. Several thousand companies have emerged, especially in heavy industry. Dependence of the USSR on the import of industrial products had considerably decreased. The chances to strangle the Soviet Union economically is found in virtually reduced to zero. It was then decided to resort to war and launch the accelerated militarization of Germany.

For one, obtaining US funding was no problem. Hitler came to power in his country about the same time as Franklin Roosevelt in the United States. The bankers who supported Hitler in 1931 are precisely those who supported Roosevelt’s election. Once in office, the new president could hardly do less generous granting of credits to Germany. Moreover, many have noticed the similarity between Roosevelt’s New Deal and the economic policies of the Third Reich. Nothing suprising. These are indeed the ones who ensured the rescue of both governments while advising them. They represented mainly US financial circles.

Roosevelt’s New Deal was quick to roll over. In 1937, the United States was mired in the economic crisis. In 1939, the US economy was operating at 33% of its industrial capacity (19% in the worst of the 1929-1933 crisis).

Rexford G. Tugwell, an economist from the first Brain Trust, academics from the University of Columbia team set up by Franklin Roosevelt and contributing to policy recommendations that led to Roosevelt’s New Deal, wrote that in 1939 the government had failed. The situation remained frozen until the invasion of Poland by Hitler. Only the powerful winds of war could dissipate the fog. Whatever may attempt Roosevelt, initiatives were doomed to failure. [1] Only a world war could save US capitalism. In 1939, the plutocrats have implemented all the means at their disposal to put pressure on Hitler and encourage them to launch a full-scale war in the East.

The Bank for International Settlements (BIS) has played an important role during World War II. Beachhead of US interests in Europe, it provided the link between the Anglo-American and German companies. It was sort of an offshore area that houses the cosmopolitan capital against political initiatives, wars, sanctions, etc.

This bank was established as a public business entity. His immunity from government interference and, for example, taxation, was guaranteed by the international agreement signed in The Hague in 1930. The bankers of the Federal Reserve of New York, close to Morgan, Montagu Norman, governor the Bank of England, and German financiers such as Hjalmar Schacht (President of the Reichsbank and Minister of Economy of the government of Hitler), Walther Funk (who replaced Schacht as President of the Reichsbank) and Emil Puhl, all have played an important role in the founding of the Bank. Among the founders were the central banks of Britain, France, Italy, Germany, Belgium and some private banks.

The Federal Bank of New York has done well but has not been part of the founding institutions of the BIS. The United States were represented by the private bank First National Bank of New York, JP Morgan and Company, First National Bank of Chicago, who were all part of the empire Morgan. Japan was also represented by private banks. In 1931-1932, 19 European central banks joined the Bank for International Settlements. Gates W. McGarrah, banker Rockefeller clan, was the first Chairman of the BIS Board of Directors. He was replaced by Leon Fraser, who represented the clan Morgan. During the war, the bank was headed by a US citizen, Thomas H. McKittrick.

Much has been written about BIS activities in the interests of the Third Reich. The Bank was involved in transactions with different countries, including those with which Germany was at war.

Since Pearl Harbor, the Bank for International Settlements playing the corresponding role of the Federal Reserve Bank of New York. She was under Nazi control during the war, even if it is the American Thomas McKittrick Huntington who presided. The soldiers were dying on the battlefield while the direction of the BIS in Basel met with the bankers of Germany, Japan, Italy, Belgium, Great Britain and the United States.

In this haven of peace was the Swiss offshore zone, representatives of the belligerents were working peacefully in a climate of mutual understanding.

It was in Switzerland that Germany has seized gold safe place all over Europe. In March 1938, when Hitler took over Vienna, part of the Austrian gold was transferred into the safes of the BIS. The same was done with the gold of the Czech National Bank ($ 48 million). When war broke out, the gold was entering full doors to the Bank for International Settlements. Germany recovered in the concentration camps and the looting of occupied countries (including all that belonged to civilians: jewelry, gold teeth, cigarette cases, various utensils, etc.). This is what has been called Nazi gold. It was melted into ingots to be stored at the Bank for International Settlements in Switzerland or outside Europe.

In his book Trading With The Enemy: An Expose of The Nazi-American Money Plot 1933-1949, Charles Higham wrote that, during the war, the Nazis transferred $ 378 million to the accounts of the Bank for International Settlements.

A few words about the Czech gold. Some information has surfaced after the opening of the archives of the Bank of England in 2012 [2]. In March 1939, Germany seized Prague. The Nazis demanded 48 million dollars of national gold reserves. They have been told that this sum had already been transferred to the Bank for International Settlements. Subsequently, it became known that the gold was transferred from Basel in the vaults of the Bank of England. On orders from Berlin, gold was transferred to the account of the Reichsbank to the BIS. Then the Bank of England has been involved in transactions on the orders of the Reichsbank to the Bank for International Settlements. These orders were relayed to London. So there was collusion between the German Reichsbank, the Bank for International Settlements and the Bank of England. In 1939, a scandal erupted in Britain when it was discovered that the Bank of England executed transactions in the Czech gold on orders from Berlin and Basel, not the Czech government. For example, in June 1939, three months before the start of the war between Britain and Germany, the Bank of England helped the Germans to transfer their account equivalent gold 440 000 pounds sterling, and feeding a part of the gold in New York (Germany thus secured the neutrality of the United States in case of German action in Poland).

These illegal transactions on the Czech gold were carried out with the tacit approval of the government of Great Britain, who knew exactly what was happening. Prime Minister Neville Chamberlain, Chancellor of the Exchequer, Sir John Simon and other senior officials have done everything to conceal the truth, including blatantly lying (claiming that gold had been returned to its rightful owner or he had never been transferred to the Reichsbank). The documents of the Bank of England recently made public reveal the facts and show that government officials lied to cover themselves and cover the activities of the Bank of England and the Bank for International Settlements. Coordination of these joint criminal activity was a breeze when you know that Montagu Norman, director of the Bank of England, also chaired the board of the Bank for International Settlements. He has never hidden his sympathy for the fascists.

The Bretton Woods Conference, officially Monetary and Financial Conference of the United Nations, brought together 730 delegates from 44 allied countries at the Mount Washington Hotel in Bretton Woods (New Hampshire), United States, to regulate monetary life International Finance at the end of the Second World War. The conference was held from 1 to 22 July 1944. The Bank for International Settlements suddenly found under the spotlight. It was reported that it had collaborated with Nazi Germany. Without going into details, I will only say that after many uncertainties (some states-uniens delegates objected to the motion), delegates agreed to close the BIS. The decision of the international conference was never implemented. All information that could discredit the activities of the BIS during the war have been classified. Today, this contributes to falsify the history of World War II.

Finally, a few words about Hjalmar Schacht (1877-1970), former president of the Reichsbank and Minister of Economy of the fascist government of Germany. He played a leading role in controlling the economic machine of the Third Reich by acting as Ambassador Extraordinary and Plenipotentiary of the Anglo-American capital in Germany. In 1945, Schacht was tried and acquitted in Nuremberg on 1 October 1946. He escaped the murder charges. Just as Hitler. For reasons that remain unexplained, it was not on the list of major war criminals of 1945. Better, Schacht resumed his professional life as if nothing had founded the company and Schacht GmbH in Düsseldorf. This detail may seem insignificant, but it confirms once again that the Anglo-American plutocrats and their plenipotentiary representatives in Germany had prepared and, to some extent, influenced the outcome of the Second World War. The plutocrats want to rewrite the history of the war and its results change.